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DrStockPick Provides News And Updates For TMNG, AGEN, AVOT and NGLS!



American Video Teleconferencing Corp. (Pink Sheets:AVOT) is pleased to announce that it has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file. The company believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, the company will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.

Presently the company is in the final stage of negotiations with Kondor Gold Pyt. in Australia.

The company will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects.

A rare earth mineral is a mineral which contains one or more rare earth elements as major metal constituents.

The majority of rare earth minerals today are mined in Asia, with China producing 93 percent of the world's supply, and more than 99 percent of the most valuable supply.

China now dominates mining of rare earths minerals which are used in an increasingly wide array of US civilian and defense applications. Rare earth minerals are essential for hundreds of commercial as well as military applications: electric motors and batteries for hybrid cars, wind-power turbines and solar panels, mobile phones, cameras, portable x-ray units, energy-efficient light bulbs and stadium lights, fiber optics, glass additives and polishing. In a technology-intensive world, these rare earth minerals have become some of the most sought-after materials in modern manufacturing, even though they're used in relatively small amounts.

Now that China has complete dominance over the world industries, we must find alternative sources, and this company may be the answer.


Targa Resources Partners LP (NYSE:NGLS) reported third quarter 2010 net income attributable to Targa Resources Partners of $13.8 million, or $0.14 per diluted limited partner unit, compared to a net loss of $4.2 million, or $0.23 per diluted limited partner unit, for the third quarter of 2009.

Net income for the third quarters of 2010 and 2009 included $7.8 million and $17.1 million in non-cash charges related to derivative instruments, respectively. The third quarters of 2010 and 2009 also included $3.9 million and $29.4 million in affiliate interest expenses, respectively, for periods prior to the acquisition of the Downstream Business, the Permian, Straddle and Versado Systems and VESCO by the Partnership.


Antigenics Inc. (Nasdaq:AGEN) has been awarded $424,720 in grants under the IRS’ Qualifying Therapeutic Discovery Project (QTDP) program.

The grants were awarded in recognition of the company’s two qualifying programs: AG-707, a phase 1 therapeutic vaccine for the treatment of genital herpes and QS-21 Stimulon(r) adjuvant.

The QTDP program was established as a result of the Patient Protection and Affordable Care Act of 2010. Under the program, projects were selected by the Treasury Department and the Department of Health and Human Services.

In order to qualify, projects had to incur preclinical or clinical research costs during 2009 or 2010 and be designed to result in one or more new therapies to treat or prevent a disease or condition representing an unmet medical need, reduce long-term health care costs in the U.S. and demonstrate the potential to enhance U.S. competitiveness and create high quality jobs in the U.S.


TMNG Global (Nasdaq:TMNG), a leading provider of management consulting and software solutions to the global communications, media and entertainment industries, reported an agreement with a leading European mobile operator to significantly expand their deployment of TMNG Global’s Ascertain(r) platform.

Under the new agreement, the operator will deploy a third module, Usage Assurance, to its existing Ascertain(r) platform. By consolidating all of its revenue assurance functions upon a single platform from a single provider, the carrier will simplify its operating environment, improve its technical capabilities, and lower its total cost of ownership.



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